Xerox Corp will pay $100 million over six years to outsource data-center services to HCL Technologies Ltd, one India’s largest information technology service providers, a Xerox spokesman said on Sunday.
As part of the deal, HCL will manage disaster-recovery preparation and consolidate Xerox’s data centers in North America and Europe, spokesman Bill McKee said.
Last year Norwalk, Connecticut-based Xerox cut about 3,000 jobs.
In November, the two companies announced a partnership, which called for HCL to help companies integrate Xerox’s manage print services into their systems.
Last month, Xerox chopped its first-quarter earnings forecast by as much as 85 percent, as the slowdown in office equipment spending badly hurt revenue and thwarted its cost-cutting efforts.
